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ABC
Dec 3, 2012 4:00am PST
. it's a major sticking point. holding up a deal. >> right now, i'd say we're nowhere. >> reporter: president obama is looking for $1.6 trillion in new tax revenue over ten years. speaker boehner is offering half of that. there's $600 billion. the speaker says that's not enough. although he hasn't outlined what he thinks should be cut. if they can't avoid the fiscal cliff, it means on january 1st, every american will pay more income tax, between 2,000 to $2,200 for the average family. $500 billion in automatic spending cuts will go into effect. half of that at the pentagon. the other half coming in transportation, food safety and research. economists feel if washington can't strike a deal, the economy will fall back into recession and the unemployment rate will shoot up, rob and paula. >> tahman, the clock is ticking in all of this. where do the talks go from here this week? >> well, the white house said president obama presented his plan last week and the gop leaders shot it down. now, the ball is in the hands of the republicans. right now, it's all about the math. republicans may
ABC
Nov 30, 2012 12:00am PST
on alert. don't feel bad if you get unfriended, too, because it goes both ways. all right. president obama held his first press conference today. since being re-elected. and, you know what, he just had fun with it. he really did. four years ago when obama took office, he established a system where citizens can petition the government and if a petition gets more than 25,000 signatures, he promised he would respond to it. so, after obama won last week, citizens in all 50 states filed petitions to secede from the union. the guy they supported didn't win, so, now they want their own separate countries, i guess. which is silly, but whatever. the state with the longest petition is texas, texas has more than 100,000 signatures, which exceeds the minimum of 25,000. so, today, the obama administration, as promised, responded to this. >> hey. how you doing? i'm anthony caprise, president obama's special envoy for talking to the people from seceding from the [ bleep ] union. president obama got your little petition. he read it, he mulled it over and here's his response. nobody -- nobody is sece
ABC
Nov 29, 2012 4:00am PST
. it will hurt small businesses. it will hurt our economy. why? this is not the right approach. >> reporter: boehner and president obama said they are optimistic that a deal can be reached by christmas. >>> turning overseas to egypt, where opponents of president mohamed morsi are calling for a second revolution. morsi is addressing his people today. a speech in which he's expected to discuss his move last week to seize near absolute power. thousands have been on the streets of cairo protesting that move since. morsi is showing no signs, though, of backing down. >>> and with the conflict in syria showing no signs of ending, the obama administration is reportedly considering deeper intervention there. this morning's "new york times" says no decisions have been made. but several options are being looked at, including providing arms to anti-government fighters. a decision on whether to deploy surface-to-air missiles in neighboring areas is likely next week. >>> and a major milestone is expected at the u.n. today, when the general assembly votes to give statehood to the palestinians
ABC
Dec 5, 2012 4:00am PST
president obama, in an interview with bloomberg tv, describing house speaker john boehner's plan to avoid the fiscal cliff. >> unfortunately the speaker's proposal right now is still out of balance. >> reporter: the speaker's plan would raise $800 billion in tax revenue. but does so without raising tax rates for top income earners. the president says that's unacceptable. >> we're going to have to see the rates on the top 2% go up. and we're not going to be able to get a deal without it. >> reporter: republicans, like rising star senator marco rubio, say raising taxes on the wealthy is the wrong approach. >> the tax increases he wants would fail to make even a small dent in the debt. it would hurt middle-class businesses and the people who work for them. >> reporter: so, that's the major holdup, taxes. republicans and democrats deeply divided. >> there's nothing going on privately that's not going on public. >> reporter: amidst the political posturing, there may actually be a chance for compromise on medicare. president obama says he's open to raising the age when seniors can start r
ABC
Nov 29, 2012 1:40am PST
closer to agreeing on something? >> that's right. more high level meetings today. treasury secretary tim geithner, kind of obama's negotiator man at the table. see if they can make any headway. >>> art, later this half hour, she's 50, he's 26. demi moore has a new younger man in her life. who she is dating now coming up "the skinny." interesting choice. seeing how the last relationship turned out. >> all you need to know his last name is schnabel. >> not making that up. we are not making that up. >> no. >>> but first, we begin with breaking news, powerball officials are making it official this morning. two jackpot tickets sold for last night's lottery, one in missouri and one in arizona. >> missouri and arizona. congratulations. get this. by the time of the drawing the jackpot was worth $580 million. so we should mention the winning numbers right now, here they are, 5, 16, 22, 23, 29, and the powerball, my personal favorite number, 6. abc's steve osunsami got an inside look at where the winners were picked. >> reporter: buying lottery tickets like never before, more than 189 million powe
ABC
Dec 7, 2012 1:00am PST
trust. and that white president's name is barack obama. let's take a look at the facts. for the first two-thirds of his life, barack obama was known as barry.he third whitest nam which is the third whitest name on earth. right after cody and jeff. and these are the white people who raised barry. madeline and stanley dunham. they are so white they have to wear sunglasses because they are hurting each other's eyes. after college, barry went into black neighborhoods in chicago to try to organize people. how white is that? black people don't go into black communities. we don't have to. we're already there. look at him. playing golf. body surfing. wearing mom jeans. dancing with ellen. barack obama supports gay marriage. most black men don't even support straight marriage. president obama has a dog. but is it a pit bull? is it a rottweiler? no. it's a portuguese water dog. and he named him bo. after one of the dukes of after one of t let's not forget, barack obama is whiter than snooki, the tanning mom and tara reid. even mitt romney is blacker than obama.ama's family. and these are the ro
ABC
Dec 3, 2012 5:00am PST
reforming the tax code and limiting reductions for the wealthy. >> right now i would say we are nowhere. >> reporter: president obama asking for 1.6 trillion in new tax revenue over 10 years, boehner is offering half that. the president offering 600 billion dollars in cuts to medicare and other programs. the speaker says that is not enough. he hasn't outlined what he thinks should be cut. if they can't avoid the fiscal cliff, january 1st, nearly every american will pay more income tax between $2,000 to $2400 for the average family, 2% cut in payroll taxes will disappear, 500 billion dollars in automatic spending cuts in effect, half at the pentagon the other half from educating, transportation, food safety and research. economists fear if washington can strike a deal the economy will fall back into recession and employment will shoot up. tahman bradley, abc news, washington. >>> sarah palin stepped out on the red carpet -- nancy pelosi stepped out on the red carpet for a night of glamour she strolled before photographers at last night's kennedy center honors she talked about efforts to
ABC
Dec 4, 2012 7:00am PST
right now. the last couple of months, you've gone to the white house, met president obama. i heard he gave you some souvenirs, as well. >> yes. he gave me a pen and presidential m&ms. >> you still have the m&ms? >> no. >> i guess they are pretty good. and we all watched you on "dancing with the stars." >> yes. >> the fierce five showing up to help shawn out. that must have been fantastic. >> it was a lot of fun. and we had so much fun performing on stage with shawn and derek. >> so, what is next? you're on the book tour right now. going to have a little break over christmas. but gymnastics, still in your blood, right? >> i'm hoping to attend 2016 and get back into the gym. get back in the swing of things. and just gain more. i want to go to more world championships. and i think it would be cool to attend two more olympic games. >> it would be cool for all of us. thank you for coming in today. the book is called "grace, gold & glory." it's in stores today. >>> when we come back, a hol >>> back, now, with a real favorite of ours, katherine jenkins. with us throughout the "dancing with t
ABC
Dec 6, 2012 1:40am PST
president obama and congressional republicans to reach a deal avoiding the fiscal cliff. mr. obama and house speaker john boehner took a step yesterday, speaking about the standoff on the phone. i guess at least they weren't texting, right? while the details of their chat remain private, both men continued to talk past each other in public. >> let's allow higher rates to go up for the top 2%. >> there are ways to limit deductions, close loopholes, and have the same people pay more, more of their money to the federal government, without raising tax rates, which we believe will harm our economy. >> treasury secretary tim geithner also weighed in yesterday saying the president is willing to allow the nation to go over the cliff if republicans don't agree to raise taxes on the wealthy. >>> we are learning new details about colorado's shooting suspect james holmes now that thousands of e-mails in the case have been released. messages indicate holmes may have had a brief romantic relationship in the days before the tragedy. we have learned that in early june, holmes began specifically ta
ABC
Dec 5, 2012 1:40am PST
. president obama told bloomberg tv a deal is possible, but -- >> unfortunately the speaker's proposal right now is still out of balance. >> reporter: that plan sent to the white house offers a total of $2.2 trillion in deficit reduction over the next decade. that includes $1.2 trillion in spending cuts and $800 billion in new tax revenue, but here's the key. no rate increases in the top 2% of taxpayers. that's non-negotiable for president obama. >> we're not going to be able to got a deal without it. >> reporter: the white house says the republicans' math just doesn't add up. >> it's magic beans and fairy dust. >> reporter: negotiations have reached a stalemate. >> there's nothing going on privately that is not going on publicly. >> reporter: there is no plan at this time for congressional leaders to meet with the president at the white house, and it doesn't sound like he's sending out invitations any time soon. >> i don't think that the issue right now has to do with sitting in a room. >> reporter: earlier, the president met with the bipartisan group of governors. >> we understand this wil
ABC
Dec 5, 2012 12:00am PST
rearranged that apple maps is now actually right. [ laughter ] [ applause ] it does seem like -- [ cheers and applause ] thank you. like the government is on top of things. government seems to be doing a good job, although you'll never guess who criticized president obama. do you remember michael brown? heck of a job brownie, michael brown? the former director of fema who was forced to resign after hurricane katrina. on monday, he criticized the president. he said obama may have acted too quickly. [ laughter ] instead of taking the wait and do nothing approach that worked so well during katrina. that is an interesting point coming from a former fema director and current applebee's employee of the week. [ laughter and applause ] things seem to be getting back on track here in new york. limited subway service is scheduled to resume tomorrow at 6:00 a.m. the mta is letting people ride the bus for free, which -- [ cheers and applause ] very good news. people don't have to be anywhere any time soon. make no mistake. no bus ride in new york is ever free. there is always a price that
ABC
Dec 3, 2012 3:00am PST
find the aarp medicare supplement plan that may be right for you. champion of gift wrapping turns champion of gift wrapping turns ♪ >>> welcome back, everybody. it was a star-studded night in washington last night. president obama saluted this year's kennedy center honorees. among them, a pretty motley crew here. the members of led zeppelin, talk show host dave letterman. there's dave. as well as renowned actor dustin hoffman. >> the president recognized them for their influence on american culture. he said all started from humble beginnings and made it to the top of their profession. the kennedy center event is an annual december tradition. >> i think we'll actually see the show in a few weeks coming up. very cool. good crowd too. >> yeah. >>> and if you're like me, maybe you're feeling a little fancy. >> you feel fancy? >> i never feel fancy. gift wrapping means putting a present into one of the holiday gift bags with no handles. that's how i roll. but just pay those people at the mall to take care of it. that's the route i prefer. >> we call that convenience, right? >> amen.
ABC
Dec 4, 2012 1:40am PST
excitement as well as kate's hospitalization. so keep it right here on abc. >>> and amid tough negotiations to avoid going over the so-called fiscal cliff. president obama meets with bipartisan groups of governors about the problem today. the meeting a day after house speaker jonathan boehner laid a republican plan to solve the crisis on the table and calls for $800 billion in higher taxes revenue and does not increase taxes on wealthy americans. the white house is rejecting the offer, saying any deal must include an end to tax cuts for families making over $250,000. >>> and the senate has approved a new u.s. commander for the war in afghanistan. he's marine corporal general joseph doneford and replaces general john al llen, nominatedo head forces in europe. allen's nomination on hold because of his involvement in the sex scandal that brought down former cia director david petraeus. >>> in foreign news, new intelligence reports, indicate syria's government may be preparing to use chemical and biological weapons against the rebels. in response though, the u.s. and its allies are
ABC
Dec 5, 2012 7:00am PST
. >> reporter: he sure does, george. and later today, president obama will speak to corporate executives at the business roundtable. and he'll try to enlist their help in his negotiations with congressional republicans. and his latest demand, that congress remove its own power as it stands right now, to raise the debt ceiling. it is a bold gambit that congressional republicans are already calling a non-starter. paul ryan stepped back into the spotlight late tuesday, with a feisty shot at the president. >> i congratulate him on his victory. but on january 20th, he'll face a stagnant economy and a fiscal mess. you might even say he'll inherit these problems. >> reporter: there's a lot of bah humbug in washington, d.c. these days. 'tis the season to be surly. the president told bloomberg television that without tax rates going up on the wealthiest americans, there will be no deal to avert going over the fiscal cliff. >> we're going to have to see the rates on the top 2% go up. and we're not going to be able to get a deal without it. >> reporter: house republicans are adamant, no tax rate in
Search Results 0 to 13 of about 14